Chapter: Public Finance in India· Economics

Find the odd word out: Types of budget : Deficit budget, Zero budget, Balanced budget, Surplus budget.

Q.1 (B) (iii) Find the odd word out: Types of budget : Deficit budget, Zero budget, Balanced budget, Surplus budget.

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Answer: Zero budget

On the basis of the relation between revenue and expenditure, budgets are balanced, surplus or deficit. Zero (zero-based) budgeting is a technique of preparing a budget, not a type of budget in this classification.

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Find the odd word out: Types of budget : Deficit budget, Zero budget, Balanced budget, Surplus budget.

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